{"id":14468,"date":"2017-11-02T01:00:10","date_gmt":"2017-11-01T14:00:10","guid":{"rendered":"http:\/\/www.realestatetalk.com.au\/?p=14468"},"modified":"2017-11-02T01:00:10","modified_gmt":"2017-11-01T14:00:10","slug":"reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/","title":{"rendered":"Reports you should always get and the ones you can trust \u2013 Kylie Davis"},"content":{"rendered":"

Some of the biggest decisions are where and what to buy, but doing your research and spending just a fraction of the amount you intend to invest can save you thousands and minimise the risk of making a costly mistake. Kylie Davis<\/strong> tells us \u00a0about the 5 critical reports you should get.
\nKevin:<\/strong>\u00a0 Making the decision to buy an investment property is really very exciting. It\u2019s just a bit scary sometimes, too. We talk about research; you can actually over-research. Some of the biggest decisions are where and what to buy, but doing your research and spending just a fraction of the amount that you intend to invest can actually save you thousands and minimize the risk of making a costly mistake.
\nWhat reports should you be looking at? We\u2019re going to highlight five for you today. My guest will take us through those, Kylie Davis from CoreLogic.
\nKylie, thanks for your time.
\nKylie:<\/strong>\u00a0 Thanks, Kev. Nice to talk to you.
\nKevin:<\/strong>\u00a0 No doubt this is a question you\u2019re asked quite often: which of the reports should I really be taking notice of? Which ones would you suggest?
\nKylie:<\/strong>\u00a0 I think there are a few that we should look at. The first one is you need to understand is now the right time, or what is happening in the property market as a whole at the moment?
\nThe best way to understand that is to look at a quarterly economic report to see what are the economic drivers that are affecting the property markets? Are prices on a property on the way up, or are they on the way down? What\u2019s employment doing? What are the interest rates doing? What\u2019s construction doing?
\nThese things can set the scene for how the Australian market or how the market in your capital city is performing and give you an understanding of what\u2019s likely to happen, because we all want to buy property and know that\u2019s immediately going to go up.
\nThat\u2019s what we all hope will happen, but it\u2019s often good to be alert and to understand is that something that\u2019s going to happen in the next year, or do I actually need to buy this property now, thinking about what\u2019s going to happen five or ten years out?
\nKevin:<\/strong>\u00a0 We always cover those quarterly economic reports in our show, as well \u2013 a lot of excellent ones out from CoreLogic.
\nWhat about rental performance? How important is that, and where can we find out about that, Kylie?
\nKylie:<\/strong>\u00a0 If you\u2019re looking to buy an investment property, you really want to know what the rental performance is going to be, and so there are a couple of key metrics that you look at as part of an investment property.
\nYou\u2019re looking at the rental yield, but you\u2019re also looking at what the weekly rent is going to be. You need to do that in the context of how realistic it is inside that suburb. You\u2019ll often see inside data that a suburb might have an amazing rental return, but if there\u2019s not much of a rental market in that area, or if the vacancy rate is really high, then sometimes those figures can be a little bit out.
\nSo, the rental performance reports look at them across a lot of different criteria. They look at how big is the rental market in that area, is it a realistic rental market, what\u2019s the yield, and how much is it returning, what is the median rent, how does that compare to the median price, and is the median value of the properties going up or down? You\u2019re looking at something that\u2019s trying to get capital growth as well as a good return.
\nKevin:<\/strong>\u00a0 All of this data, of course, does actually show trends, doesn\u2019t it? You have to monitor those trends, as well.
\nKylie:<\/strong>\u00a0 Yes, it sure does. What you want to see is there\u2019s no point buying a property that\u2019s an amazing rental return if the capital growth is tanking out in that suburb. You could buy it, but you want to know that that\u2019s what\u2019s going on before you do it. You don\u2019t want to find out after you spent an awful lot of money.
\nThe idea behind the reports is to make sure you go in with your eyes wide open about what the situation is in that market, and a rental report will help you hone in on which suburbs you should be looking at to find the right property.
\nKevin:<\/strong>\u00a0 I guess that brings us to the next one \u2013 doesn\u2019t it? \u2013 getting down to specifics, getting right down to the suburb, as well, Kylie.
\nKylie:<\/strong>\u00a0 Yes. Once you\u2019ve worked out that you\u2019re comfortable with where the market is at at the moment and you\u2019ve identified some suburbs that you think are good rental opportunities, then you start to want to go right down into the fine detail of those individual suburbs.
\nThe suburb reports will give you information on how the suburb is performing across a lot more criteria than just investment stuff. It\u2019ll tell you where the median values are, what the capital growth has been over an extended period of time, and give you an understanding of the types of properties that are for sale in those markets.
\nKevin:<\/strong>\u00a0 One of the things we have learned over the years, too, is that there is no one market in Australia. Even if you break it down into suburbs and then go into the suburb, you\u2019ll find there are different markets even within a suburb. You have to really dig right down into the individual property level, as well, Kylie, don\u2019t you?
\nKylie:<\/strong>\u00a0 Yes. And I guess that\u2019s the last report that you should buy, because a suburb on the whole can be providing a great return but it doesn\u2019t guarantee that every property in that suburb is doing the same thing.
\nThe best investments are made when you select the right property at the right price. So, once you\u2019ve narrowed down your search and come up with a couple of properties that you really like, it\u2019s worthwhile then going into a property report to see how long it\u2019s been owned for, the age of the property, to get all of the details sitting behind that to make sure that the investment you\u2019re about to make is not going to have any nasty surprises in it.
\nKevin:<\/strong>\u00a0 Okay, there you go. There are the five reports that you need to be looking at, and Kylie Davis has taken us through those. Kylie is the head of content and property services marketing at CoreLogic and also heads up the CoreLogic reports. I imagine these reports are available at CoreLogic, Kylie?
\nKylie:<\/strong>\u00a0 Yes, you can find these ones and a whole lot more. Some of them are free; some of them are paid for, but they\u2019re all on the CoreLogic Report Store, CoreLogic.com.au\/ReportStore.
\nKevin:<\/strong>\u00a0 Good stuff. Kylie Davis, thank you so much for your time. We\u2019ll catch you again soon.
\nKylie:<\/strong>\u00a0 Thanks, Kevin.<\/p>\n","protected":false},"excerpt":{"rendered":"

Some of the biggest decisions are where and what to buy, but doing your research and spending just a fraction of the amount you intend to invest can save you thousands and minimise the risk of making a costly mistake. Kylie Davis tells us \u00a0about…<\/p>\n","protected":false},"author":176692471,"featured_media":14469,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32,10,11,13,22,23,25],"tags":[101],"class_list":["post-14468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buying-a-property-topic","category-kevin-turner-sponsored-channels","category-kevin-update","category-latest-story","category-research-topic","category-selling-a-property-topic","category-sponsored-channels","tag-podcast"],"yoast_head":"\nReports you should always get and the ones you can trust \u2013 Kylie Davis - Realty Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reports you should always get and the ones you can trust \u2013 Kylie Davis - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"Some of the biggest decisions are where and what to buy, but doing your research and spending just a fraction of the amount you intend to invest can save you thousands and minimise the risk of making a costly mistake. Kylie Davis tells us \u00a0about...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/\" \/>\n<meta property=\"og:site_name\" content=\"Realty Talk\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-01T14:00:10+00:00\" \/>\n<meta name=\"author\" content=\"rolanrush\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rolanrush\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/\"},\"author\":{\"name\":\"rolanrush\",\"@id\":\"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"headline\":\"Reports you should always get and the ones you can trust \u2013 Kylie Davis\",\"datePublished\":\"2017-11-01T14:00:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/\"},\"wordCount\":1226,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/#primaryimage\"},\"thumbnailUrl\":\"\",\"keywords\":[\"podcast\"],\"articleSection\":[\"Buying a property\",\"Kevin Turner\",\"Kevin's Update\",\"Latest Stories\",\"Research\",\"Selling a property\",\"Sponsored Channels\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/\",\"url\":\"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/\",\"name\":\"Reports you should always get and the ones you can trust \u2013 Kylie Davis - Realty Talk\",\"isPartOf\":{\"@id\":\"https:\/\/channels.realty.com.au\/realtytalk\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2017-11-01T14:00:10+00:00\",\"author\":{\"@id\":\"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"breadcrumb\":{\"@id\":\"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/channels.realty.com.au\/realtytalk\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Reports you should always get and the ones you can trust \u2013 Kylie Davis\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/channels.realty.com.au\/realtytalk\/#website\",\"url\":\"https:\/\/channels.realty.com.au\/realtytalk\/\",\"name\":\"Realty Talk\",\"description\":\"Your Trusted Voice For Property Investing. Anywhere, Anytime.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/channels.realty.com.au\/realtytalk\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d\",\"name\":\"rolanrush\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"caption\":\"rolanrush\"},\"url\":\"https:\/\/channels.realty.com.au\/realtytalk\/author\/rolanrush\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Reports you should always get and the ones you can trust \u2013 Kylie Davis - Realty Talk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/","og_locale":"en_US","og_type":"article","og_title":"Reports you should always get and the ones you can trust \u2013 Kylie Davis - Realty Talk","og_description":"Some of the biggest decisions are where and what to buy, but doing your research and spending just a fraction of the amount you intend to invest can save you thousands and minimise the risk of making a costly mistake. Kylie Davis tells us \u00a0about...","og_url":"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/","og_site_name":"Realty Talk","article_published_time":"2017-11-01T14:00:10+00:00","author":"rolanrush","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rolanrush","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/#article","isPartOf":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/"},"author":{"name":"rolanrush","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d"},"headline":"Reports you should always get and the ones you can trust \u2013 Kylie Davis","datePublished":"2017-11-01T14:00:10+00:00","mainEntityOfPage":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/"},"wordCount":1226,"commentCount":0,"image":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/#primaryimage"},"thumbnailUrl":"","keywords":["podcast"],"articleSection":["Buying a property","Kevin Turner","Kevin's Update","Latest Stories","Research","Selling a property","Sponsored Channels"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/","url":"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/","name":"Reports you should always get and the ones you can trust \u2013 Kylie Davis - Realty Talk","isPartOf":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/#primaryimage"},"image":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/#primaryimage"},"thumbnailUrl":"","datePublished":"2017-11-01T14:00:10+00:00","author":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d"},"breadcrumb":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/channels.realty.com.au\/realtytalk\/reports-you-should-always-get-and-the-ones-you-can-trust-kylie-davis\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/channels.realty.com.au\/realtytalk\/"},{"@type":"ListItem","position":2,"name":"Reports you should always get and the ones you can trust \u2013 Kylie Davis"}]},{"@type":"WebSite","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#website","url":"https:\/\/channels.realty.com.au\/realtytalk\/","name":"Realty Talk","description":"Your Trusted Voice For Property Investing. Anywhere, Anytime.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/channels.realty.com.au\/realtytalk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d","name":"rolanrush","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","caption":"rolanrush"},"url":"https:\/\/channels.realty.com.au\/realtytalk\/author\/rolanrush\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts\/14468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/users\/176692471"}],"replies":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/comments?post=14468"}],"version-history":[{"count":0,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts\/14468\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/media?parent=14468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/categories?post=14468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/tags?post=14468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}